China's H World Group Q2 revenue rises on segment growth

H World

17/08/2026 11:14

Overview
China hotel operator's Q2 revenue rose 10.8% yr/yr to RMB7.1 bln
Q2 net income attributable climbed to RMB1.6 bln yr/yr
Company declared cash dividend totaling $275 mln

Outlook
H World raised 2026 group revenue growth guidance to 4%-8% from 2%-6%
Company expects HWC segment 2026 revenue growth of 7%-11%, up from 5%-9%
M&F segment 2026 revenue growth guidance raised to 16%-20% from 12%-16%

Result Drivers
CHINA SEGMENT GROWTH - Revenue from H World China segment rose 14.9% yr/yr, helping drive overall group revenue higher
MANACHISE & FRANCHISE EXPANSION - Manachised and franchised hotel revenue increased 25.2% yr/yr to RMB3.6 bln
INTERNATIONAL SEGMENT DECLINE - H World International segment revenue fell 5.8% yr/yr, offsetting some gains from China

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
RMB 7.10 bln
 
Q2 Net Income Attributable
 
RMB 1.60 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"
Wall Street's median 12-month price target for H World Group Ltd is $60.00, about 43.3% above its August 14 closing price of $41.88
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 19 three months ago

Reuters Recommended Reads
Aug 14 - Hong Kong's Miramar Hotel interim revenue falls on travel business weakness
Aug 14 - Singapore's OUE Limited half-year revenue rises on hospitality growth
Aug 14 - Singapore's Hotel Properties H1 revenue falls on travel drops due to Middle East conflict

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)